For example, with a sub to the seller still a liability for the mortgage note, but does not have the real property as an offsetting asset.  

A uncle that just died sold a family property 20 years ago.

New to real estate I hope I can learn about the market on here.

Are we talking posh along "lake formerly known as Calhoun" property or an off Broadway "strap on the flak jacket" sec8 property? 

All these properties were bought sight unseen on their recommendations. 

I'd say if you are looking for commercial real estate wherein the purchase bought the property in a corporation then PS is not the best place for lead generation and skip tracing. 

As far as I know, Catskill doesn't have any real regulations on them.

Quote from @Paul Ross: Hey all this is a post for everyone here and hopefully for Peter Harris and the Commercial Property Advisors Team.I did not sign up for this program but I am here to share my experience with hopes of helping others and also Peter Harris.I found Peter Harris through a video on Youtube.

I’m looking into purchasing a property at auction.

Real estate investment involves having money to make money.